Is Moorpark, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moorpark is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Moorpark has remained a Seller's Market.

Key Takeaway

Moorpark is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moorpark, CA

How much do homes in Moorpark, CA cost?

Median Sold Price

$853,333

$453/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$3,866(-0.5%)

Key Takeaway

The sold price of homes in Moorpark has remained the same since last year.

Summary: The median home sold price in Moorpark was $853,333 in April 2024, down 0.5% from last year, and the median price per square foot was $453.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$2.6M
N/A
2 $570K$621.2K
+9.0%
3 $748.5K$760K
+1.5%
4 $980K$1.0M
+2.1%
5+ $1.3M$1.3M
+2.3%

Summary: Moorpark housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Cities

Simi Valley
+4.1%
Moorpark
-0.5%

Housing Supply in Moorpark, CA

How many homes are available in Moorpark, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8084+5.0%

Summary: The Moorpark real estate market had 84 homes for sale in April 2024, a 5.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 1511
-26.7%
3 2224
+9.1%
4 2628
+7.7%
5+ 1621
+31.3%

Summary: The Moorpark housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 31.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2434+41.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moorpark, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in Moorpark in April 2024, up by 41.7% month-over-month. Of the 34 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.

Days on Market for Moorpark, CA

How long does it take to sell a home in Moorpark, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
56 Days30 Days-45.7%

Summary: Homes in Moorpark had an average of 30 days on market in Apr 2024, down by 45.7% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Moorpark are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 34 homes were sold in Moorpark; 62% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Moorpark, CA

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